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For the followingexercise, refer to the graph of the coffee market described on the right portion of your screen. Event: Suppose that average consumer income

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For the followingexercise, refer to the graph of the coffee market described on the right portion of your screen.

Event: Suppose that average consumer income increases and coffee is a normal good.

In the graph of the coffee market(using the line drawingtool) show how the demand curve will change as a result of the event described above. Label the new demand curve 'D2'.

Note: if you are not prompted for alabel, then you have used the wrong drawing tool.

image text in transcribed
For the following exercise, refer to the graph of the coffee market described on the right portion of your screen. Event: Suppose that average consumer income increases and coffee is a normal good. In the graph of the coffee market (using the line drawing tool) show how the demand curve will change as a result of the event described above. Label the new demand curve 'D2'. Note: if you are not prompted for a label, then you have used the wrong drawing Price per kg tool. D1 Quantity of coffee per week (millions of kgs)

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